Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1887-08-03
TELEGRAPHIC.


- N wxxwrrp sGarN N zHE raczsto
- RrrExotp rMyRs9IaAxlSe
coNMFTIKN.
as Fnawcrsc3, Ana. 2s--The sxAMins
. slon a. senator etsnfsFd sss rss11eso
l.afogs lie Paaiae Railroad Conan. as'o-
todaV. he insisted that the lara .., |
$500 Company 10 rsoeiyinG u1a1o.Al
"a from ths Govarnment ocolpaed soe
= 900 ~ a. indepepdent eontKaotiss
800. and was not acting - AZ eeees
q iasleisry capArity, e. be tefanfefoj
t-fsvvad tkst The Coumta1oDefs %
IIeved from remarks n&de - toefn.
- gave . hsa Of resources OF
- Central auS S9uthefn Pacaae eono-
ranlen. with the exeepti0n OF those
arieiusliy oontEib1tsd b the pfomotsfs
~ he efltarpEfss, % 70 Dec 81, A5o5.
Tks~s Tssoafeea. stanford stated,
s1aounted 10 fss,062. 900, and Of the
sI~is snsouut only eli, As 600 vasreaiizsd
fTsm ~ ART mortgage bends and toe
fsovernrnent bonds. The cost Of hulld
Ino tae road 20 Ogden vas ttess55NA ~,
Of aEg 800 ger mia.
4 - witsees aid that eneiueeT Jadsh
estimated that ths road Uouid CO.
fg9D00 peF mile and other enRtneers
shosght tat II could nos be built for
Isas ffsan 400 90 per mile. de t6odzat
tlsat no board Of enRineers wouac pas :
lover estimate % The cost man t5o.sso
Ger mile which was unreasenAcie. ar.
Stanford argued that " the Government
did and the pscduet Of hrst nouRsgs
bonds had alone been s1nesent 70
build The read u would have cost eooat
Al6 200 per mile, and thai even u tne
Central Paslne Company vas conQssleo
20 account for iis expsndifufs 20 we
government this would show that the
ga granted waa insufncient 70 build
ths read, and upon that baaas tns gov
eminent ahonid make good the de.
asucy. He stated that the aid received
from the ooantie@ Of Yol0, Ynba, solano,
San Maieo, Los Angeles, san Joaquin
asd others amounting 20 sS,Aol0 did
not concern the Central Paoifie-
In some cases The money autosrizsd
andeF the acts OF the Legislature BY the
counties referred 10 vas never raised
and where il vas raised 70 vent 70 roads
other than the Central Pacific. Per.
haps some Of The roads we're nov leased
by the Central Pacific, hsweyeF.
Commissioner Anderson said % the
vltnesg. ssenatoF, the belief is prevail
ent. whether iast or not " immAseriai,
that he inability of the Central Paeino
10 meet its Indebtedness 10 the Govern
0seut arises from the fact that Ice re-
soufoas have been absorbed thfough
contracts iet and WORK done By the
Contract and Finance, the Western De
velopment and the Pacific improvement
Cnmpaniea.'
10 this stanford replied that the
money belonging 20 the Central Pseihe
Company had never been diverted 30
any other corporation
Anderson asked IL the books OF the
corporations, which bad had dealings
with the Central Pacific, we're open for
Stanford replied; II am ready TO
uss my influence 10 have the Commit
sion examine any books We have a. 70
the Central Pacific Railroad, bot We
have very aotiVs rivals and com
petitoFs, and We have relations with
nany individuals. Thess accounts We DO
not wish to be laid before the public.
So far a. the Commission ts concerned
we have no objection 10 It's seeing sny-
thing that IL pleasss.
Anderson DO I understand that this
offer includes the inspection OF tbe
books Of the Western Development,
Pacific Improvement, and sther COM
panies which have bad dealings wish
ihe Central Paeihe2
stanford-So far as thosa books re-
late 10 the Affairs OF the Central PAolne
ws have no obisotioa 10 their being
opened for your inspootion.
Chairman Pattison remarked that u
,..{gaaa inonivw al Aha ofioa Of the rail-
road company Waa contemplated, be
should put IN an objection q onoe. lie
would Rot consent, - an otlcer OF tue
Government, 10 any Star Chamber pro-
Asadinaa. II the books eonld not be
publiely inspected. be would net In
apeot them at eli.
Stanford said that the company did
noa ash for any star chamber inquiry.
II merely desired that such matters as
~ere not pertinent 10 the objects OF toe
Dommisaion be not given 10 the public
mar made 3 point Of record.
Anderson asked IN regard ito the In
specsi0n OF the books. that the propo-
elton Of the CeslrAi Pacific Company
lawyers be pat 10 writing. and this was
afterwards done. During the progress
u the foregoing proceedings a petition
had been presented 20 the United
staiee Circuit Court By the Commission
asking that n. &. Douty. Secretary and
treasurer Of the Western Development
Company and other similar corpora.
tloas. be compelled 10 produce the books
Of theas companies fer the inspection
OF the Commission. Judge Sawyer sci
tie matter for bearing tomorrow morn
ipQ.